Friday, August 28, 2015

US Economy Is Bright Spot In Global Economy

This article highlights the modest growth in the US economy and the slow growth in the rest of the world, with the exception of Germany.  The US has a mature economy that is more dependent upon internal consumption than faster growing economies in Asia which depend upon exports.  It can't grow much faster due to slow population growth and slow growth in productivity.  China has been the engine of growth but its recent slow down has affected nations that depend upon exporting commodities to China.

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